70189131
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On Friday the 22nd of January 2021, the chief of GameStop $GameStop(GME.US$ was sitting in his office unaware that the January 2021 short squeeze that may go down as the most significant ever was about to take place.
GameStop dropped 30% on Monday, the first day of February. Within the crazy week, $GameStop(GME.US$ is down 53% from its intraday last Thursday. Things went worse for $WallStreetBets(LIST2555.US$ . The “meme stocks” got chopped. ...
GameStop dropped 30% on Monday, the first day of February. Within the crazy week, $GameStop(GME.US$ is down 53% from its intraday last Thursday. Things went worse for $WallStreetBets(LIST2555.US$ . The “meme stocks” got chopped. ...
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70189131
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$NIO Inc(NIO.US$ released its 2020 third quarter earnings report after the US stock mark close on Tuesday. The data shows that in the third quarter of NIO: 12,206 vehicles were delivered in a single quarter, and the total revenue reached 4.526 billion yuan, a year-on-year increase of 146.4% and a month-on-month increase of 21.7%. Cash reserves reach 22.2 billion yuan, and 16500-17,000 units are expected to be delivered in the fourth quarter, and revenue in the fourth quarter is estimated to be 6.26-64.4 billion yuan.
Overall, the earnings report exceed all previous market expectations. The reduction of operation fees and cost indicates an increasingly mature operation system of the company. And the huge amount of cash reserve means that NIO can further invest in key technologies and to increase the volume of delivery. The price of NIO dipped 1% in the after-hours session. The major investors in the market are still watching the trend of this stock since there is a divergence on the estimated value of NIO among investors.
What is you opinion about NIO or the whole EV market right now? Share your views on this topic and you‘ll have chance to gain 200 points!...
Overall, the earnings report exceed all previous market expectations. The reduction of operation fees and cost indicates an increasingly mature operation system of the company. And the huge amount of cash reserve means that NIO can further invest in key technologies and to increase the volume of delivery. The price of NIO dipped 1% in the after-hours session. The major investors in the market are still watching the trend of this stock since there is a divergence on the estimated value of NIO among investors.
What is you opinion about NIO or the whole EV market right now? Share your views on this topic and you‘ll have chance to gain 200 points!...
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